
Cheap Apartments for Rent in the Summit Park Neighborhood of Albuquerque, NM from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Summit Park area of Albuquerque.


Encanto Lofts Apartments

Union 505

633 San Pedro Dr SE, Unit UNIT C

2129 Coal Ave SE

Comanche Wells

Citadel - Free Utilities

4211 Mesa Grande Pl SE

La Vida Nueva

1622 Coal Ave SE
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

208 High St NE

1101-1103 Wilmoore Dr SE

Spacious 2 Bedroom Apartment with Private Patio

Cedars - Free Cable & Internet*

533 Valencia Dr SE

507-511 Adams St NE

427 Stanford Dr SE

4142 Mesa Verde Ave NE

137 Manzano St NE

Casa de Sierra Senior Apartments
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Princeton Hall Apartments
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Summit Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Summit Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Summit Park Studio Apartments | $951 | $695 | $1,661 |
| Summit Park 1 Bedroom Apartments | $1,090 | $725 | $1,999 |
| Summit Park 2 Bedroom Apartments | $1,432 | $895 | $2,400 |
| Summit Park 3 Bedroom Apartments | $1,708 | $1,426 | $2,100 |
| Summit Park 4 Bedroom Apartments | $2,233 | $1,900 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Summit Park Neighborhood of Albuquerque, NM.
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Summit Park, Albuquerque, NM Local Guide
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Cheapest Available Summit Park Apartments for Rent
 The cheapest available apartment rental in the Summit Park area of Albuquerque, NM is a Studio unit found at Encanto Lofts Apartments priced from $715. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $744. Here are the most affordable Summit Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encanto Lofts Apartments | Yucca - Studio | Studio,1BA | $715 |
| Union 505 | Studio | Studio,1BA | $744 |
| Comanche Wells | S1 | Studio,1BA | $788 |
| Casa dos Santos | Studio 520 | Studio,1BA | $800 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $800 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $823 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $825 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $829 |
| The Villas @ Uptown | Remodeled Deluxe Studio/ Grey | Studio,1BA | $850 |
Best Value Apartments for Rent in Summit Park, NM
As of January 02, 2026 the best value apartment in the Summit Park area is the $1.39 price per square foot Renovated 2-Bedroom B Model at Glo Apartments in the in the Netherwood Park neighborhood starting from $1,508. The second greatest value Summit Park apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Summit Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Glo Apartments | Renovated 2-Bedroom B | 2BR,2BA | $1.39 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.41 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| 309 Columbia Dr SE, Unit B | 309 Columbia Dr SE | 2BR,1BA | $1.47 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.27 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $1.31 |
| 633 San Pedro Dr SE, Unit UNIT C | 633 San Pedro Dr SE | 1BR,1BA | $1.50 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSummit Park, Albuquerque, NM
Ranked #171
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Mexico and customized analysis for Albuquerque, New Mexico. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Summit Park Apartments
What is a cheap apartment in Summit Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Summit Park is under $850.
What is the price of a cheap apartment in Summit Park?
The cheapest apartment in Summit Park is Encanto Lofts Apartments which is listed at $774, while the average apartment in Summit Park costs $2,400.
What types of apartments are the cheapest in Summit Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26 regular apartments in Summit Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.



























